GOLD is moving in an ascending channel. However, the price had been making lower lows, indicating bearish pressure.
The market is trading near the channel boundary. Most likely, it will breakout the channel and go to the support level if the market rebounds from the resistance.
We expect a bearish move to retest the support .
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Share your opinion in the comments, and support the idea with a like. Thanks for your support!
The market is trading near the channel boundary. Most likely, it will breakout the channel and go to the support level if the market rebounds from the resistance.
We expect a bearish move to retest the support .
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Trade closed: target reached:
TP was hit
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